Filing Flows › Lensar (LNSR) › Q1 2026 › vs Q1 2025
Lensar (LNSR) Q1 2026 vs Q1 2025 (year over year)
Lensar's revenue fell $731K (-5%) from $14.2M in Q1 2025 to $13.4M in Q1 2026. The biggest changes: Product −$842K (-8%); Service +$314K (+23%); Other revenues −$203K (-11%). Operating margin 16.7% against -40.9% (+57.6 pts).
Lensar, Q1 2026: revenue $13.4M (-5% year over year), operating margin 16.7%, net earnings $36.3M, operating cash flow −$4.3M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 16.7% | -40.9% | +57.6 pts |
| Net margin | 270.6% | -193.1% | +463.7 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Product | $10.1M | $10.9M | −$842K | -8% |
| Service | $1.7M | $1.4M | $314K | +23% |
| Other revenues | $1.7M | $1.9M | −$203K | -11% |
| Revenue | $13.4M | $14.2M | −$731K | -5% |
| Other income, net | $34.1M | −$21.6M | $55.6M | — |
| Operating profit | $2.2M | −$5.8M | $8.0M | — |
| Costs & expenses | $11.2M | $19.9M | −$8.8M | -44% |
| Pre-tax earnings | $36.3M | −$27.3M | $63.7M | — |
| Cost of revenue | $7.0M | $7.0M | $12K | +0.2% |
| Research & development | $1.4M | $1.5M | −$149K | -10% |
| SG&A | $2.5M | $11.1M | −$8.6M | -77% |
| Other operating costs | $229K | $232K | −$3K | -1% |
| Net earnings | $36.3M | −$27.3M | $63.7M | — |
| Operating cash sources | $42.4M | −$18.7M | $61.1M | — |
| Depreciation & amortization | $1.1M | $1.1M | $57K | +5% |
| Share-based compensation | $690K | $654K | $36K | +6% |
| Cash used in operations | $4.3M | $6.9M | −$2.7M | -38% |
| Working capital & other | $42.4M | −$18.7M | $61.1M | — |
Questions
How much did Lensar's revenue grow year over year in Q1 2026?
Lensar's revenue fell $731K (-5%) from $14.2M in Q1 2025 to $13.4M in Q1 2026.
What drove Lensar's revenue change in Q1 2026?
Product −$842K (-8%); Service +$314K (+23%); Other revenues −$203K (-11%).